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cnbc.com
Bitcoin on track for 23% weekly gain as investor optimism floods back
The flagship digital currency has enjoyed a strong week boosted by several contributing factors.
cnbc.com
Trump to allow import of 300,000 metric tons of ground beef without tariff
Beef prices in the U.S have soared in 2026 due to a reduction in the nation's cattle herd.
cnbc.com
Oil prices head for second weekly rise as U.S. vows to turn up economic pressure on Iran
U.S. Treasury Secretary Scott Bessent told CNBC on Thursday that Washington will impose the "toughest sanctions in history" against Iran.
theguardian.com
What does Tyson’s shutdown of two US beef plants mean for grocery costs?
Meat producer closes facilities in Utah and Illinois as beef prices rise for consumers amid historic cattle shortagePeople in the US: how much do you spend on food per month?Tyson Foods, the largest meatpacking company in the US, announced last week that it is closing two of its facilities in Illinois and Utah and selling a beef facility in Washington state, and will lay off hundreds of workers as the supply of cattle hits a 75-year low.The historic cattle shortage has been driven by a multi-year drought, rising costs and severe economic pressures, including consolidation among cattle ranchers. Beef prices have soared over the last year due to the shortage, though economists said the Tyson plant closures likely won’t hit consumer prices so hard.This article’s headline and text were amended on 21 August 2026. An earlier version said Tyson recently announced the closure of two facilities in Iowa and Utah, rather than Illinois and Utah. There was a closure in 2024 in Iowa. Continue reading...
cnbc.com
Broadcom debt deal expected to reach upwards of $70 billion, sources say
Broadcom is in talks to raise upwards of $70 to $80 billion in debt for a chip financing deal, CNBC's David Faber reported on Friday.
bbc.co.uk
Canada 'should fight' as US trade deadline looms, Manitoba premier says
Premier Wab Kinew's comments signal a tough battle for Prime Minister Mark Carney to get buy-in from Canadians on a possible trade deal with the US.
theguardian.com
JD Vance reportedly mocks Carney for trying to ‘out-tough’ Trump on trade
Audio recording of US vice-president apparently made at New York fundraiser and shared with Canadian PressLeaked audio from a private event has reportedly captured the US vice-president, JD Vance, mocking Canada for apparently capitulating in a trade deal and taunting the prime minister, Mark Carney, for trying to “out-tough” Donald Trump.The recording, which was reportedly made at a fundraiser and shared with the Canadian Press, comes in the last stretch of a difficult negotiation in which the US president has threatened to impose 50% tariffs on Canada. Continue reading...
cnbc.com
Trump tariff deadline looms as U.S. and Canada say final trade deal is near
Businesses have warned that Trump's new 50% duties could cripple their U.S. sales if they take effect.
theguardian.com
Airbus bows to remote working demands after series of strikes
Aeroplane maker said to have watered down plans to restrict working from home to one day a weekAirbus has bowed to employee demands on remote working, after a series of strikes over its chief executive’s return-to-the office orders.The world’s largest aeroplane maker is said to have watered down plans to restrict remote working to one day a week from September. At present, staff are able to work remotely for two. Continue reading...
theguardian.com
What is salmonella, how does it spread and are eggs safe to eat?
UKHSA says imported eggs eaten in restaurants are source of outbreak that has infected more than 200 peopleContaminated eggs have infected 207 people with salmonella across the UK, killing one and hospitalising 34.Eggs imported into Britain and eaten in cafes and restaurants were the source, the UK Health Security Agency has said. The outbreak has prompted public concern. But what is salmonella, and are eggs safe to eat? Continue reading...
cnbc.com
Japan headline inflation rate hits highest this year as energy prices bite
Core inflation — which strips out prices of fresh food but includes energy — was in line with expectations, coming in at 1.8%.
cnbc.com
Taiwan's AI-fueled forecast of 11% GDP growth likely not sustainable, economists say
Taiwan's economic growth could moderate due to its vulnerability to risks of capex slowdown, macroeconomic downturns, and concentration in semiconductors.
cnbc.com
Gold rebounds as bond jitters, debt fears and weaker dollar revive bullion demand
Gold is rebounding as investors weigh U.S. debt concerns, a weaker dollar and stubbornly high Treasury yields.
cnbc.com
Bessent says there's a 'very good chance' U.S. budget deficit under Trump has peaked
Treasury Secretary Scott Bessent said Thursday that there's a "very good chance" of the U.S. has seen its budget deficit peak under President Donald Trump.
cnbc.com
No more doom scrolling or Instagram Stories? A Meta trial loss could end the social media we know
"These trials are often compared to the Big Tobacco lawsuits of the 90s, and the outcome will likely be analogous as well," one analyst told CNBC.
theguardian.com
Jamie and Jools Oliver pay themselves £1.5m dividend as profits almost halve
Pre-tax earnings slump at chef’s food and media group after one-off costs including for a new cookery schoolJamie and Jools Oliver have paid themselves a £1.5m dividend – more than 40% down on last year – after profits at their cookery and media empire almost halved.Sales at Jamie Oliver Holdings remained broadly steady at £28.4m in 2025, £160,000 less than in the previous year, as a strong performance at the group’s own restaurants, franchise business, cookery schools and TV productions offset a decline in royalties, licensing and endorsements. Continue reading...
theguardian.com
Brazil’s vast iron mine that supplies the world and fractures the Amazon – in pictures
The Grand Carajás project has made the country a mining superpower, but communities living in its shadow face pollution, displacement and silenced histories Continue reading...
bbc.co.uk
Royal Mail misses delivery targets again but hails 'encouraging' signs
The struggling firm said it had improved its performance but missed regulator-set delivery targets.
theguardian.com
Quarter of branded baby foods in UK still have too much sugar, analysis finds
Exclusive: Of 224 branded infant foods and snacks, more than half are in breach of guidelines brought in a year agoAlmost a quarter of popular branded baby foods sold in UK supermarkets still contain excessive amounts of sugar, analysis suggests, a year after the government introduced voluntary industry guidelines.In August 2025 the government gave baby food manufacturers 18 months to reduce the sugar and salt content of their products, stop marketing snacks to infants under 12 months and address misleading and inaccurate labelling that makes some infant foods appear healthier than they actually are. Continue reading...
cnbc.com
NATO member Romania scrambles F-16 fighter jets to destroy drone near critical European gas project
It comes weeks after Romania’s Air Force destroyed a Russian drone in its airspace.
bbc.co.uk
Millennials have found it hard to buy homes – but things may be turning a corner
Twenty-somethings are much less likely to own a home than previous generations. But data suggests things may be improving.
theguardian.com
I worked at OpenAI. Here are the guardrails we need now | Miles Brundage
I understand the pressure on AI companies to rush forward. But employees are right to be concernedLast month, more than a thousand employees at frontier AI companies signed a letter asking the US government to find a way to “pace” AI development, citing the risk of the technology spiraling out of human control as it begins to build itself.They were right to be concerned: just days earlier, two AI models that OpenAI was testing internally escaped the test environment, then autonomously hacked the company Hugging Face and at least three other online services. A few days after that, Anthropic announced that some of their models had also broken out and hacked other companies during testing. Continue reading...
theguardian.com
Proposed London datacentre ‘incompatible’ with net zero with 1m-tonne carbon footprint
Exclusive: Planning documents show annual emissions from North Ockendon project would be equivalent to 8,480 flights to New YorkA “hyperscale” datacentre in outer London would generate more than 1m tonnes of carbon dioxide a year, equivalent to the carbon footprint of 8,480 flights from London to New York, planning documents show.The East Havering Data Centre Campus (EHDCC) in North Ockendon would be one of the largest datacentres in Europe if approved by Havering council, using 218 hectares of green belt to run servers and data storage systems for AI and cloud computing. Its developer, Digital Reef, has described the scheme as “a unique opportunity to create a sustainable datacentre campus of the future”. Continue reading...
bbc.co.uk
UK borrows more than expected in July as Healey prepares for first Budget
Chancellor John Healey said the government is 'committed to meeting our fiscal rules'
cnbc.com
Chinese humanoid robots' biggest obstacle: Humans are still (mostly) better
Humanoid robots still struggle to perform as efficiently as humans in most labor scenarios.
cnbc.com
Samsung plans up to $80 billion in shareholder returns after SK Hynix buyback
Samsung Electronics plans shareholder returns totaling 90 trillion won to 110 trillion won, including about 30 trillion won in third-quarter cash dividends.
theguardian.com
Retail sales in Great Britain fall despite heatwave increasing food and drink demand
Volume of goods sold in stores and online dropped 0.5% in July, ONS saysBusiness live – latest updatesRetail sales across Great Britain weakened last month despite the men’s football World Cup and record temperatures boosting the demand for food and drink.The Office for National Statistics said the volume of goods sold in stores and online fell 0.5% in July. That is down from 0.7% rise in June – revised down from initial estimates of 1% – and a 1.3% rise in May. Continue reading...
bbc.co.uk
Why the US economy is ringing alarm bells
The US hit a debt milestone this week, but just how worried should we be about the world's largest economy?
cnbc.com
'A delicate dance': JD Vance says economic pressure is the best way to achieve Washington's objectives in Iran
Vance said "what has been true over the last couple of weeks is they felt a lot more pressure than we have."
theguardian.com
Cut cost of loans for solar panels on UK homes, ministers urged
Report says ‘solar bonds’ could fund wider access to clean energy, reducing household billsSolar panels could be cheaper for people on lower incomes if the government stepped in to reduce the cost of loans, a report argues.Solar panel installations can save households hundreds of pounds a year in energy bills, but at an initial cost of about £5,000 to £10,000 they are beyond the reach of many households. Continue reading...
cnbc.com
Labubu maker Pop Mart shares fall as key ex-China sales data drop, Citi cuts price target
Pop Mart shares fall after announcing first-half earnings.
cnbc.com
CNBC Daily Open: The 'Bessent Bid' wears off
In a CNBC exclusive, U.S. Treasury Secretary Scott Bessent says he could expand a bond buyback plan, but yields march higher despite the extraordinary action.
theguardian.com
Why dodgy doors are the latest casualty of the UK heatwaves
Sticking or unlockable doors are yet another problem caused by the hot summer, but winter can also bring difficultiesThursday was another busy day for Alan Hickman, a Bournemouth-based locksmith who works in the area around the New Forest (“though I’m currently dodging the bit between Ringwood and Eastleigh because that’s closed because of the forest fires”).Speaking on his way to see a man who can’t close his patio doors – “probably because they’ve got some expansion issues” – he then has a callout to see an elderly woman who needs a lockbox installed for her carer, before visiting a customer in Westbourne “to sort another composite door that can’t lock”. Continue reading...
bbc.co.uk
Panama Canal to cut number of ships passing through due to El Niño
The crucial waterway's operator says low rainfall caused by the ocean pattern had led to the decision.
theguardian.com
UK reports unexpected deficit of £1.8bn as John Healey prepares for first budget
July data shows total public debt was £2.98tn, or 94% of GDP – up £96bn on a year earlierBusiness live – latest updatesThe UK government ran a larger-than-expected £1.8bn deficit in July, underlining the challenges facing the chancellor, John Healey, as he draws up his first budget.City economists had expected a shortfall of zero for July, a month when Treasury receipts tend to be swollen by self-assessment income tax payments. Continue reading...
theguardian.com
Eco homes that can stay cool for sale in England and Wales – in pictures
From a triple-glazed barn conversion in a Welsh valley to a thermally regulated home in a busy area of London Continue reading...
cnbc.com
Goldman says hedge funds suffered worst underperformance vs S&P 500 in July in more than 20 years of data
Goldman says hedge funds suffered worst underperformance vs S&P 500 in July in more than 20 years of data.
bbc.co.uk
Couples share their biggest money disagreements
Candles, haircuts, a Tesla... this week we're asking couples in London: "What's the biggest money disagreement in your relationship?"
theguardian.com
Back on track: can Burnham fix the north’s woeful rail services?
From a new high-speed line to better intercity links, the PM has a chance to tackle problems he criticised as Manchester mayorFor passenger rail travel, the north of England was the future, once. But since that first train from Darlington to Stockton in 1825, many have felt short-changed. As one angry passenger put it, 200 years later: “What is it about the rail industry which makes them think they can treat passengers in the north as second-class citizens?”That complaint came from the former mayor of Greater Manchester, who frequently set out a different vision for the train services he would like. Now that Andy Burnham is in No 10, he has the opportunity to win those battles – or perhaps see them a little differently. For now, what unresolved issues could the railway expect to be pursued with greater urgency? Continue reading...
theguardian.com
I’ll admit it: I’ve cycled through red lights. But Britain’s traffic laws are to blame, not me | Simon Jenkins
The essence of cycling is to keep moving, but London’s chaotic roads often make this difficult. My solution: fewer, not more rulesI plead guilty. I have loved and used the streets of London all my life, as a cyclist, driver and pedestrian. Touch wood, I have done so without accident, blemish or insurance claim. Yet now I find myself perpetually on the wrong side of the law. Regulation has become bureaucratic and chaotic.When I try to drive at the authorised speed of 20mph on many through roads, I am hooted at and overtaken by vans, cars, coaches and buses. And when I sit dutifully on my bike at a traffic light, I am jostled by swarms of cyclists riding through on red, furious at being treated as if they were car drivers.Simon Jenkins is a Guardian columnist Continue reading...
cnbc.com
'Perfect storm' brews for global food supply this winter as grain prices soar
Fears over crop yields and farmers' ability to plant ahead of next year have come to the fore as wheat prices jump.
theguardian.com
Jill Lepore on why the artificial state is ‘doomed’ – podcast
With less than three months to go until the midterms, voters are thinking about grocery prices, the Iran war – and datacentres.This week, Jonathan Freedland speaks to the historian Jill Lepore about how this latest AI backlash could influence those all-important elections in November. Are we seeing the beginning of the end of the ‘artificial state’?Listen to the Today In Focus episode on the plans for a new datacentre in London’s Brick LaneRead Jill Lepore’s Long Read hereWatch Jonathan Freedland on our new Politics Weekly YouTube channelSend your questions and feedback to politicsweeklyamerica@theguardian.com Continue reading...
theguardian.com
Anxiety over war, wildfires and cyber-attacks leads to growth in cash stocks in EU
Value of banknotes in circulation rises from €1tn in 2016 to €1.6tn in 2026 as people advised to keep stash of cashThe number of banknotes in circulation in the EU is increasing despite widespread smartphone payments, new data shows, with wildfires ripping through parts of Europe fuelling demand for an emergency stash of cash.While cash plays second fiddle to contactless payments in many cities across Europe, the amount in circulation is actually going up, Philip Lane, the chief economist of the European Central Bank (ECB), said at the MacGill summer school conference in Ireland. Continue reading...
cnbc.com
U.S. bond intervention is like 'paying your mortgage with your credit card,' JPMorgan's Sullivan says
The U.S. government's efforts to manage pressure in the Treasury market risk merely shifting the problem down the road, according to JPMorgan's James Sullivan.
cnbc.com
Japan's historic yen intervention has ‘turbo-charged’ the carry trade
Japan's historic effort to prop up the yen may have had an unintended consequence: giving investors a better opportunity to put the carry trade back on.
cnbc.com
CFTC’s Innovation Advisory Committee meeting addresses emerging prediction market risks
The CFTC's first Innovation Advisory Committee meeting discussed risks of mention markets, with members advocating for tighter consumer protection.
theguardian.com
Controversial California oil pipeline can continue to operate, judge rules
State sought to stop system off coast of Santa Barbara from resuming operations after Trump ordered its reopening An oil pipeline can continue to operate off the California coast after a judge gave it the green light this week, despite the opposition of state regulators and environmental groups.The system off the coast of Santa Barbara resumed operations earlier this year for the first time in more than a decade after Donald Trump ordered Sable Offshore Corporation to reopen it, citing US energy needs during the war in Iran. Continue reading...
bbc.co.uk
How much could Trump's 'economic D-Day' hurt Iran?
Iran has so far proved adept at finding ways around years of already punishing sanctions on its economy.
bbc.co.uk
How landscape gardening is being electrified
The switch to quieter electric equipment is not going as fast as some would like.
bbc.co.uk
The teen entrepreneur transforming farm management
The app was designed to give farmers more time with their families by making the business more manageable.
bbc.co.uk
Stifling heat and broken toilets: TUI River Cruise passengers tell of their holiday hell
Holidaymakers tell the BBC they paid for luxury breaks but faulty air conditioning left them in sweltering heat.
bbc.co.uk
Trump vows tougher economic measures on Iran and supporting countries
It comes after a 60-day ceasefire expired on Monday, with no sign of a diplomatic or military off-ramp to the conflict.
cnbc.com
Hyundai considering U.S. production increase at new Georgia plant, CEO tells CNBC
The potential capacity increase would be part of Hyundai's plan to invest $26 billion in the U.S. through 2028, Hyundai CEO José Muñoz told CNBC.
bbc.co.uk
Carney asks Canada's provinces to end US alcohol ban as trade deal nears
An agreement preventing a new wave of US tariffs is close and could include an end to Canada's boycott of US wine and spirits.
bbc.co.uk
Walmart sales under strain as US shoppers pull back
High gas prices and weaker pharmacy sales pushed Walmart's growth to its slowest pace in six years
theguardian.com
Mark Zuckerberg buys 440-acre Strancally castle estate in Ireland
Meta chief executive paid roughly €20m for gothic-style mansion built in 1830 and its surroundingsIt stretches the definition of pied-à-terre but Mark Zuckerberg now has a pad in Ireland: Strancally castle.The Meta chief executive and his wife, Priscilla Chan, have bought the gothic-style mansion and its 178-hectare (440-acre) estate in county Waterford to use as a base during visits to Ireland. Continue reading...
theguardian.com
Reform’s new economic adviser has called for end of pensioners’ triple lock
Exclusive: Mitchell Palmer has also argued for privatising the NHS and immigration as way of cutting poverty Reform UK’s new economic adviser has previously called the pensions triple lock unsustainable, advocated privatising the NHS and welcomed migration as a poverty alleviation tool, the Guardian can reveal.Robert Jenrick, Reform’s economic spokesperson, has appointed Mitchell Palmer, a rightwing economist at the free-market Adam Smith Institute, as one of his key aides. Continue reading...
cnbc.com
Bessent says U.S. likely won't restart large-scale Iran combat as it steps up economic pressure
Bessent and President Donald Trump unveiled the economic operation nearly six months into the Iran war, which continues without a clear end in sight.
theguardian.com
JD Sports boss is still struggling to turn up the heat on a tepid trainer market
Latest profit warning is particularly disappointing in a World Cup year, which should have given the global business a sporty buzzJD Sports cuts £50m from profit forecast as cost of living pressures hit trainer salesIt was a slower quarter for “high-heat footwear product”, said JD Sports. It didn’t mean it was struggling to shift sandals during a heatwave. Rather, it was referring coyly to the big global trainer brands’ failure to come up with hot new designs. When Nike and Adidas, reckoned by City analysts to account for slightly more than half JD’s sales, are on tepid form, the self-styled “king of trainers” retailer usually is as well.The low-heat grumble will be familiar to JD’s shareholders. So, too, the one about “incremental cost of living pressures”, especially in the US. And the phrase “a promotional market” has appeared so often in the company’s updates in the past couple of years that it would be easier to tell us when discounting isn’t dominant. Continue reading...
bbc.co.uk
Reform UK proposes tax rebates for firms to boost apprenticeships
Suella Braverman also advised student's "not to get ripped off by the great university scam".
bbc.co.uk
Bernard Matthews confirms closure of Derby factory
Bernard Matthews Foods says its Shaftesbury Street factory will close by the end of 2026.
theguardian.com
Lack of water storage is an urgent national security issue | Letters
Readers respond to the crisis facing Britain caused by the lack of reservoir capacity and hotter summersYour reporters came up with a good list of urgent climate policies in response to Andy Burnham’s somewhat surreal statement focusing on the sale of disposable barbecues following a Cobra meeting (From grey water to cool spaces: 10 climate crisis policies Britain needs right now, 12 August), but they missed out the No 1 issue: the UK’s water-storage capacity.It is blindingly obvious that we need to dramatically and rapidly increase water storage. The current plans to fast-track the building of nine reservoirs by 2050 might be speedy by the standards of UK infrastructure delivery projects, but they may well have been overtaken by climate change trends. Continue reading...
theguardian.com
Why is the Trump administration causing turmoil in the bond markets? | Richard Partington
As yields are dragged higher in the UK, Europe and Japan, the impact for consumers and businesses will be far-reaching‘Starve the beast’? The $40tn cost of Republicans’ false promises to cut spendingGovernment borrowing costs around the world have surged to the highest levels in decades amid growing fears over US bond market turmoil.Anxiety about Donald Trump’s handling of the US economy, and concern that the US president’s war with Iran is driving up inflation, are causing a sell-off in the US bond market. Continue reading...
cnbc.com
AI data center outrage is showing up everywhere from ads to elections
With less than three months until the midterm elections, opposition to AI data centers is becoming a bipartisan rallying cry in a growing number of states.
theguardian.com
Specsavers pays £12m dividend to parent company after jump in earnings
Pre-tax profits rose at high street opticians to £429.7m in the year to February while sales rose 7% to £4.3bnSpecsavers has paid £12m to its parent company controlled by its founders Doug and Dame Mary Perkins after the high street optician’s profits increased by more than a quarter.The group operates nearly 3,000 optometry, audiology and ophthalmology businesses globally in at least eight countries, including more than 1,200 in the UK, through hundreds of independent partners. Continue reading...
theguardian.com
UK cinemas look at banning Meta smart glasses over piracy fears
Trade body says local chains would have to balance concerns with potential benefits of AI-enabled technologyCinemas across the UK are considering banning customers from wearing Meta’s smart glasses amid fears they could be used to pirate films.The UK Cinema Association (UKCA) trade body said that a number of local chains could end up introducing policies that restrict camera-enabled smart glasses at the big screen, adding to a growing list of venues concerned about covert use. Continue reading...
bbc.co.uk
Danone €1bn takeover of Huel approved by watchdog
French firm says the acquisition of Huel will help it grow in the nutritional sector.
cnbc.com
Trump threatens 'Economic D-Day' for Iran and ‘tremendous’ consequences for its backers
The announcement extends a pressure campaign the Trump administration has waged since April under the banner Operation Economic Fury.
bbc.co.uk
Thousands helped with back to school costs
More than £310,000 has been given to help families with back to school costs, the government says.
bbc.co.uk
Illegal 'drip pricing' could add thousands to the cost of your holiday
The UK's consumer watchdog has opened an investigation into Trainline, RED Driving School, and Virgin Holidays.
theguardian.com
Has Trump no shame about all the money he has made since being in office? | Francine Prose
By now we know that charity, generosity and compassion are virtues that the US president doesn’t seem to have even in trace amountsMany years ago, in the crowded corridor of a Manhattan hotel, I was surprised to find myself standing face-to-face with Imelda Marcos, then the first lady of the Philippines. At that time, she was said to possess 3,000 pairs of shoes.I desperately longed to ask the wife of the dictatorial president Ferdinand Marcos why anyone could need all those shoes. And more importantly, why would someone spend so much of her country’s wealth on stiletto heels when so many citizens were so desperately poor? But natural reticence, good manners or simply fear prevailed, and I walked away. Continue reading...
bbc.co.uk
Travelodge boss resigns as chain tackles security after sex assault at hotel
Jo Boydell had been criticised for the company's handling of issues with its safety and security.
cnbc.com
Trump scaling down U.S.-South Korea drills could risk more than just joint military readiness
The move by Trump also will start to raise questions about the credibility of Washington's commitment to alliances.
bbc.co.uk
US national debt passes $40tn after doubling in a decade
It comes after the interest rate on 30-year bonds reached the highest level in almost 20 years.
bbc.co.uk
Founder of collapsed Chinese property giant Evergrande sentenced to life in prison
Hui's sentencing marks a key moment in the fallout from Evergrande's collapse, which shook China's property sector.
bbc.co.uk
Little Moons co-founder: Don't wait for your product to be perfect
The mochi ice cream company co-founder shares her top tips, job highs and lows, and what a perfect Sunday looks like.
theguardian.com
Drill Andy drill? Burnham’s North Sea dilemma – podcast
Helena Horton on why the government may decide to allow more oil and gas drilling in the North SeaThe government is considering whether to allow new oil and gas drilling at two sites in the North Sea, a move environmental activists warn will accelerate climate chaos. Helen Pidd speaks to reporter Helena Horton about the government’s dilemma – and what it tells us about Andy Burnham’s approach to the green energy transition Continue reading...
cnbc.com
Nukes all around? A fraying U.S. nuclear umbrella is pushing allies to weigh defense options, raising risk of a proliferation cascade
As countries take more responsibility for their own defense and nuclear states step back from arms-control commitments, the question of proliferation arises.
cnbc.com
Inside India newsletter: Chip squeeze hits Chinese smartphones in India as Apple, Samsung gain an edge
Rising memory chip costs are reshaping the world's second-largest smartphone market as Chinese brands become expensive, improving the value proposition for Samsung and Apple.
bbc.co.uk
India's Gen Z are driving up a mega boom in its beauty market
E-commerce, rising income levels and the world's largest youth population are fuelling India's beauty boom.
bbc.co.uk
I quit my £80,000 job to make ice cream - here's how
The co-founder of Little Moons shares her advice for anyone thinking about starting a business of their own.
theguardian.com
Thousands of pounds of squid spilled on Rhode Island highway – video
The Rhode Island town of Narragansett was left with a very smelly cleanup over the weekend after thousands of squid spilled over the highway. The incident happened on Sunday morning when the driver of a tractor-trailer transporting the squid failed to make a turn and the vehicle fell on to its side, the town’s police department said in a statement. It created hours of delays for motorists and a foul stench More than 20 tons of squid spilled on to Rhode Island highway during traffic accident Continue reading...
cnbc.com
Cancer vaccine from Moderna, Merck shows promise in late-stage trial; both stocks soar
The combination regimen significantly extended the time patients lived without their melanoma returning, compared with Keytruda alone.
theguardian.com
What has Burnham promised since he became PM, and when will it happen?
From cutting household bills to moving power out of Westminster, how will the measures announced unfold?Andy Burnham has floated a number of policies, ideas and ambitions for his government since becoming prime minister, from shifting power out of Westminster, bringing services under public control and addressing the rising cost of living. But many of his promises are not actually firm commitments, so what has he pledged, how much will it cost and when should the public expect change? Continue reading...
bbc.co.uk
US retail giant receives $1bn boost from tariff refunds
The US chain said it received a $994 million pre-tax reimbursement, which resulted in its second quarter operating income rising to $2.6bn.
theguardian.com
Is the US actually too chicken to take on China for trade?
A weak yuan guarantees Beijing massive trade surplus even as the White House tries tamp down on Chinese importsSince China offered a truce in the trade war last October following its threat to deprive the United States of rare-earth magnets, the Trump administration has been happy to stop escalating. After all, imports from China have been falling, down by 40% in the year to June, compared with the same period in 2024. Best to declare victory and call it a day.But the US hasn’t won this battle – and there’s strong evidence to show it’s too chicken to really try. Continue reading...
bbc.co.uk
Jump in energy bills drives UK inflation to highest rate for four months
A 2.9% rise in inflation had been widely expected by economists, with Chancellor John Healey saying the Iran war “continues to impact prices here at home”.
theguardian.com
British energy bills forecast to hit three-year high this winter
Expected quarterly price cap rise of 4% likely to wipe out benefits of Andy Burnham’s VAT cut on electricity billsHousehold energy bills across Great Britain are expected to climb to a three-year high this winter as the impact of the Middle East war wipes out Andy Burnham’s tax cut on electricity bills.The government’s cap on energy prices is on track to rise by 4% from this October to the equivalent of £1,729 a year through the last three months of 2026, which could hit struggling households especially hard this winter, according to analysis by the energy consultancy Cornwall Insight. Continue reading...
theguardian.com
Did someone wearing Meta Glasses film you today? Are you sure?
People say they’ve been secretly filmed in their own homes, at concerts and at work. Are the wildly popular smartglasses the final nail in the coffin of personal privacy?“I’ve had one person who told me that their intentions were creepy,” a man tells me over a video call, on condition of anonymity. He’s based in Los Angeles, and while we speak, he eats what appears to be tuna directly out of the can. “He said: ‘I go to strip clubs, and I want to record the strippers … Normally I put my phone in my chest pocket, but the glasses are more convenient.’”The man I’m talking to runs a business called Ghost Metas. He’s one of hundreds of vendors, easily discoverable online, who specialise in disabling the flashing LED light embedded in Meta’s smartglasses that blinks when wearers capture photos, videos and audio. After Ghost Metas disables the LED, it’s impossible for someone to know they’re being filmed. Continue reading...
bbc.co.uk
Track defect found near derailment site - report
Initial findings from an RAIB investigation show an "irregularity" at the site near Lewes.
theguardian.com
Freefall: A Reckoning for Boeing review – like a horror movie … only this is real life
In 2022, Rory Kennedy exposed the aviation safety scandal in which 346 people died – but since then, a plane door has blown out mid-flight and more whistleblowers have come to the fore. Will anyone pay for this?It is unfortunate that a sequel was required to Rory Kennedy’s 2022 documentary feature, which alleged that the profit-driven culture at a US aeronautics firm led to two plane crashes and the deaths of 346 people. But given the lack of corporate accountability evident at the end of Downfall: The Case Against Boeing – and the apparent complicity of regulatory body the US Federal Aviation Administration (FAA) – it was inevitable.Freefall: A Reckoning for Boeing opens with a rundown of a significant development in the story: the mysterious death in March 2024 of John Barnett, a former Boeing employee turned whistleblower. Barnett, a contributor in the first film, was in the middle of a deposition when he was found dead at his hotel, which investigators ruled a suicide. Is this another casualty to add to Boeing’s mounting death toll? And is the alarming aviation safety scandal – supposedly resolved in November 2020, when the FAA lifted its grounding order on the Boeing 737 Max – in fact still ongoing? Continue reading...
bbc.co.uk
Inflation is heating up but don't expect another crisis
Rising living costs could heap pressure on PM Andy Burnham though it depends what happens in the coming months.
bbc.co.uk
Trainline, Virgin Atlantic and RED Driving School investigated over 'drip pricing'
The consumer watchdog said they were trying to find out if the three companies were not showing full prices upfront to customers.
theguardian.com
Dog food recalled in UK after reports of pets losing their sight
Move by Years, which provides personalised meals in subscription-based service, follows recipe changeA dog food brand has recalled all of its fresh meals after reports that a recipe change may have caused some animals to develop an eye condition that, if left untreated, can lead to sight loss.The brand Years said owners should stop feeding its fresh meals to their dogs “immediately” and also told them not to feed them to any other animal, or to donate or sell them. Continue reading...
theguardian.com
Will AI give you the job? Automated hiring tools spark discrimination and secrecy lawsuits
A rise in lawsuits over AI use in employment decisions is raising questions about how companies hire and fireFor the last four years, Erin Kistler has applied for thousands of jobs at companies like Paypal, Microsoft and Netflix, only to find her résumé disappear into a black hole. A product manager with nearly 20 years of experience, Kistler believes she was qualified for every role, yet she never received a single interview.Now, Kistler is suing Eightfold AI, the Silicon Valley maker of hiring software used by hundreds of companies, including those where she applied, in a class-action lawsuit. The case, filed in January in California court, is one of the first to argue that automated screening functions as an undisclosed consumer report or applicant dossier, ranking job applicants on their likelihood of success without giving them the chance to see or challenge the results, according to Kistler’s legal team. Continue reading...
theguardian.com
‘We now live without this violence’: the Colombian farmers giving up coca for palm oil
Subsidies and a crackdown on armed groups are helping smallholders rebuild their lives, leaving behind decades of conflict and fearSurrounded by towering oil palm trees on his farm in the small village of Caño Barbú, near San Pablo in northern Colombia, Yoger Payares uses a malayo – a pole-mounted iron tool with a hook – to hack at the fronds of one, freeing a bunch of its vibrant reddish-orange fruit so it falls to the ground.Today, Payares proudly works in the oil palm industry. But for more than a decade, just yards away, he grew coca leaves, becoming embroiled in the illicit industry in 1990 after leaving his job as a cattle farmer. Continue reading...
theguardian.com
‘It’s easy to slip into the negatives’: students on their biggest financial shocks at university
From bank accounts to rent and food, students and recent graduates offer advice to those beginning to studyStudent bank accounts: don’t be swayed by freebiesThe best student deals and discountsAn insider’s tips on student moneyWe asked students, and recent graduates, to tell us about the biggest financial shock they had when they started university, and what advice they had for freshers. Continue reading...
theguardian.com
Tourists on pastry quest overrun scenic spot in Italian mountains
Alpine communities hit out after influencer videos draw huge queues to Friedrich August refuge in DolomitesHundreds of people overwhelmed a mountain hut in the Italian Dolomites, not for the panoramic views but in search of a creamy pastry, reigniting the debate about social-media-driven tourism.The visitors ventured en masse to the Friedrich August refuge – perched at 2,300 metres (7,500ft) above sea level, between Col Rodella and Passo Sella in Val di Fassa – some reportedly waking up at dawn or camping overnight, just to ensure they could buy a freshly baked krapfen, a traditional German pastry similar to a doughnut, before they ran out. Continue reading...
bbc.co.uk
The critical tech staying safe by going underground
The war in Ukraine has spurred people to consider putting vital infrastructure underground.
bbc.co.uk
'Banned over a pair of £2 sandals': Why some sellers are complaining about Vinted
Several thousands of Vinted users say they have been wrongly suspended or permanently banned from the preloved app.
theguardian.com
‘Can’t enjoy your pint’: Wetherspoons customers welcome ban on loud phones
Patrons at two of the chain’s London pubs were all for Tim Martin’s ban on playing music or taking calls on speakerThe terrace of the Moon Under Water Wetherspoons pub in Leicester Square was full of people enjoying the warm weather and chatting between tables – without a TikTok video or speakerphone call in earshot.At Wetherspoons, the convivial atmosphere can no longer be punctuated by rude customers taking phone calls on blast, or playing videos without headphones after Tim Martin, the owner of the pub chain, banned both on his premises. Continue reading...
cnbc.com
'Absolutely crazy': Here's what South Korean stock investors are doing in U.S. markets
South Korean stock investors have made 'absolutely crazy' bets as they flee their home market, while global investors pile in.
bbc.co.uk
'I used food banks while my ex owed thousands in child maintenance'
Parents have told BBC Panorama the agency tasked with helping to secure financial support for children after separation or divorce is driving them to breaking point.
bbc.co.uk
Business Daily
Amid economic uncertainty, workers are more cautious about taking their next career step
bbc.co.uk
Protein or pickled garlic? What's new in ice cream
There's a constant battle in ice cream to come up with new flavours and to keep costs down.
bbc.co.uk
Why is Selena Gomez being sued?
BBC journalist Ana Guerra-Moore looks at why investors who backed Wondermind Global are claiming the pop star failed to fulfil promises.
bbc.co.uk
Why Japanese firms are being so slow to use AI
Japanese risk aversion and conservatism blamed for slow AI take-up by the country's business sector.
bbc.co.uk
Tokenomics: Why making AI pay is tricky
Buyers of AI services are struggling to control costs and sellers are not sure how much to charge.
bbc.co.uk
'I started in my 20s and made £8,000': Why women are often better investors than men
Women can make higher returns but only about a quarter of UK women have investments, compared with about 40% of men.
bbc.co.uk
'You could smell someone' who worked at Raleigh
The company was more than just a employer. For years, it was part of the fabric of Nottingham.
bbc.co.uk
Why airlines are warning over lithium-ion batteries
The airline industry wants passengers to be careful when travelling with lithium ion batteries.
bbc.co.uk
Argos is getting a makeover - but can it attract new shoppers?
The retailer has been around for 50 years but struggled to compete with newer rivals such as Amazon. Can its new owners turn it around?
bbc.co.uk
Why the UK is dithering over what to do about e-scooters
Why is it taking so long for the government to regulate them, and what are the consequences of delay?
bbc.co.uk
Why Gen Z are planning for life without a state pension
Many younger people do not believe the state pension will exist when they are older
bbc.co.uk
The furious dispute over what caused Air India flight 171 to crash
The final conclusions of the investigation have yet to be published, although more could become apparent in the coming days.
bbc.co.uk
How the High Street became a window on our political instability
High Streets have declined in recent years. What does this tell us about the UK?
bbc.co.uk
The £5 coffee that tells a story of global economic turmoil
Coffees at some city centre outlets now cost £5. It's a story of tariffs, the climate, Gen Z cultural tastes, and savvy coffee farmers playing the market, writes Faisal Islam
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